| TRO Stock | | | CAD 0.29 0.02 7.41% |
Director
Mr. Gary R. McDonald is Chief Financial Officer, Director of Taranis Resources Inc. He was a chartered accountant since 1976. From 1970 to 1983, he was employed by Coopers Lybrand, Chartered Accountants, specializing in resource and mining audits and consulting work through exploration, development and commercial production stages for various clients. From 1983 to 1987, he was the Chief Financial Officer for Blackdome Mining Corporationrationration, and its Corporationrationrate Secretary from 1985 to 1987. Since 1987, he was the Office Administrator for Tupper Jonsson Yeadon, Barristers Solicitors, of Vancouver, British Columbia. since 2015.
| Age | 78 |
| Tenure | 9 years |
| Address | 1177 West Hastings Street, Vancouver, BC, Canada, V6E 2L3 |
| Phone | 604 640 6360 |
| Web | https://www.taranisresources.com |
Taranis Resources Management Efficiency
The company has return on total asset
(ROA) of
(0.0332) % which means that it has lost $0.0332 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.024) %, meaning that it generated substantial loss on money invested by shareholders. Taranis Resources' management efficiency ratios could be used to measure how well Taranis Resources manages its routine affairs as well as how well it operates its assets and liabilities.
Total Assets is likely to drop to about 6
M in 2024.
Net Tangible Assets is likely to drop to about 4.6
M in 2024
Taranis Resources has accumulated 100
K in total debt with debt to equity ratio
(D/E) of 8.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Taranis Resources has a current ratio of 0.33, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Taranis Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Taranis Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Taranis Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Taranis to invest in growth at high rates of return. When we think about Taranis Resources' use of debt, we should always consider it together with cash and equity.
Taranis Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of precious and base metal deposits in Canada. The company was incorporated in 2001 and is based in Vancouver, Canada. TARANIS RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. Taranis Resources (TRO) is traded on TSX Venture Exchange in Canada and employs 3 people. Taranis Resources is listed under Diversified Metals & Mining category by Fama And French industry classification.
Management Performance
Taranis Resources Management Team
Elected by the shareholders, the Taranis Resources' board of directors comprises two types of representatives: Taranis Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Taranis. The board's role is to monitor Taranis Resources' management team and ensure that shareholders' interests are well served. Taranis Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Taranis Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Taranis Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Taranis Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Tools for Taranis Stock Analysis
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